Blankinship & Foster LLC Makes New $8.16 Million Investment in iShares MBS ETF (NASDAQ:MBB)

Blankinship & Foster LLC acquired a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 88,958 shares of the company’s stock, valued at approximately $8,156,000. iShares MBS ETF makes up about 2.0% of Blankinship & Foster LLC’s investment portfolio, making the stock its 11th biggest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its stake in shares of iShares MBS ETF by 18.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock valued at $3,321,229,000 after purchasing an additional 5,521,374 shares during the last quarter. Proficio Capital Partners LLC lifted its stake in shares of iShares MBS ETF by 9,869.1% in the 4th quarter. Proficio Capital Partners LLC now owns 5,498,469 shares of the company’s stock valued at $504,100,000 after purchasing an additional 5,443,314 shares during the last quarter. Fisher Asset Management LLC lifted its stake in shares of iShares MBS ETF by 7.9% in the 4th quarter. Fisher Asset Management LLC now owns 19,701,940 shares of the company’s stock valued at $1,806,274,000 after purchasing an additional 1,436,342 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of iShares MBS ETF in the 4th quarter valued at $115,371,000. Finally, LPL Financial LLC lifted its stake in shares of iShares MBS ETF by 6.3% in the 3rd quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock valued at $1,838,565,000 after purchasing an additional 1,138,182 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.1 %

Shares of iShares MBS ETF stock opened at $93.13 on Friday. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76. The business’s fifty day simple moving average is $92.13 and its 200-day simple moving average is $93.36.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.3204 dividend. The ex-dividend date was Monday, March 3rd.

iShares MBS ETF Company Profile

iShares MBS ETF (the Fund), formerly iShares Barclays MBS Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results, which correspond to the price and yield performance of the Barclays Capital U.S. MBS Index (the Index). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage (GNMA).